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News/Business. Betty Nguyen. News reports on current events. New. (CC) (Stereo)

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New York 6, Florida 5, Obama 4, Iowa 4, Daniel 3, Duarte 3, Citi 3, Miami 3, Alabama 3, Leighton 3, Cbs News 3, Washington 2, Blackstone 2, Cincinnati 2, Sanchez 2, Erica 2, Dallas 2, Pepto 2, Newtown 2, England 2,
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  CBS    CBS Morning News    News/Business. Betty Nguyen. News  
   reports on current events. New. (CC) (Stereo)  

    December 28, 2012
    4:00 - 4:30am PST  

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this afternoon president obama will meet with congressional leader to try to come to a deal to avoid the so-called fiscal cliff. they've been called into a sunday evening session just in case some deal can be reached. boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can
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get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of commerce. >> i don't know time wise how it can happen now. >> under senate rules, the only way a bill could make its way through the procedural hurdles in time is if every senator agrees not to. they'll have 24 hours. outside the beltway, carlino will be watching. >> everyone is kind of in a
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wait-and-see and fingers-crossed per expect tichb right now. >> since 1930 this is only the fifth time congress has worked after christmas. and today's summit is the first time president obama has met face to face with congressional leaders since mid-november. duarte, tick tock. >> thank you. general schwarzkopf is being remembered this morning as a great hero and tactician. as teresa garcia the general died yesterday at his home in tampa from complications related to pneumonia. >> reporter: general h. norman schwarzkopf received military acclaim as a war hero. he led the desert storm, a coalition of 30 countries that successfully drove forces out of
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saddam hussein's group. >> we're very proud to be able to do this. >> reporter: schwarzkopf was born in 134 in trenton, new jersey. he followed his father's footsteps to west point. in 1966 he volunteered to serve in vietnam. his name name was stormin' norman referring to his notoriously exploding temper. >> going around and little, is that why -- >> around, through, over the top, underneath, and any other way. >> reporter: desert storm topped his 34-year career. general bush awarded him ahmedal of freedom and he was welcomed back on american soil. the self-proclaimed political independent dismissed suggestions he run for office. he campaigned for former
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president george w. bush in 2000 but was ambivalent about the 2003 invasion of iraq. schwarzkopf retired to tampa, florida, where he served his last assignment as kmanltder in chief of u.s. central command. he was 78 years old. teresa
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135 homes and businesses remain without power. edward lawrence reporting. >> reporter: snow blowers and plows are pushing through a foot of snow in the upstate new york. the icy snow is a challenge for those who only have a shovel. >> it's been brutal. >> reporter: the storm drops
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several inches in the northeast and new england making it hard to get out and get around. streets are a problem in west virginia and maryland. this woman skit off the road and hit a mailbox. >> we just lost control. yeah, pretty scary. >> reporter: the weather is part of the same mass av system that crossed the country this week dumping snow from the west coast to the east coast and creating powerful tornadoes in the south. bad weather continues to delay flights in the northeast. that's bad news for holiday travelers trying to head home. brendan frank lip came home for christmas and is waiting to fly back to arizona. >> mercifully it's so far, so good. >> bob akard is from tampa, florida. he spent the holidays with his parents in rochester, new york. he's hoping to get to the airport on time. >> living in tampa isn't all bad
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at all. >> reporter: the storm is now moving into new england and into canada. forecasters say more snow could hit the east coast this weekend. edward larns for cbs news, new york. here in new york police are searching for a woman who pushed man to his death in front of a subway. she had been following the man and mumbling yesterday. it's the second time this month a man has been pushed to his death in the new york subways. >> coming up in the news, fun real fund scam. a woman is accused of posing ass a relative of one of the children murdered in the connecticut school shooting. this is the "cbs morning news." 6 "cbs morning news." stronger, holds up better, and still a value you love. new angel soft®. now stronger than ever. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket.
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now tell the world daniel... of pepto-bismol to-go. now tell the world daniel... he is a good little monkey and always very curious. one day george got an important letter. he's built a rocket ship to travel into space." google, how far is earth to the moon? the moon is 238,900 miles... "the great moment had come." 3, 2, 1... [ giggling ] to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf,
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we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf home. newtown, connecticut, says it's running out of space to store the thousands of donations newtown, connecticut, says it's running out of space to store the thousands of donations made after the shooting spree there two weeks ago. toys, school supplies, and other items fill a 20,000-square-foot warehouse. newtown officials say they're grateful for the donations and
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will figure out what do with all of it. a new york city woman is charged with fraud. she allegedly tried to scam donors by claiming to be an aunt of one of the children killed in the shooting. she's accused of using facebook and texting to get money for a funeral fund. if convicted she faces a maximum of five years in prison and a fine of up to a quarter million dollars. >> on the "cbs moneywatch," con sumter confidence takes a hit and seaworld goes public. erica ferrari is here with that and more. good morning, erica. >> good morning, duarte. asia markets were higher. tokyo's nikkei gained nearly 1%. hong kong's hang sheng added a quarter percent. a new report suggests the looming fiscal cliff is forcing consumers to lose confidence in the nation's economy. the conference board said on thursday that its consumer price index fell sharply in december for the second consecutive month.
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that's the lowest level since august. for the fifth consecutive year, individual investors have pulled their money out of the stock market. it's estimated to be about $380 billion. many are investing in bonds which are considered safer investments. wall street stocks sank for a fourth consecutive day. the dow lost 18 points. the nasdaq was off 4 points. the housing market shows new signs of a rebound. they said on thursday that the sale of new homes increased by 4.5% from the month before. that's the fastest pace in two years. record low mortgage and stable job gains fueled the increase. dangerously low water levels could force shipping to stop between st. louis and illinois on the mississippi river next week. the mississippi is suffering from months of severe drought. it does an estimated $7 billion of trade in february and january.
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a potential strike by dockworkers could cost the nation's economy billions. more than 14 longshoremen are threatening to whack off the job on sunday. a walk-off could shut ports down from boston to houston. they move more than 1,400 million tons a year. seaworld is known for its water shows and killer whales. iter and $80 million during the first nine months of this year. seaworld's other properties include two busch garden parks and sesame place in pennsylvania. duarte? erica ferrar. thanks erica. straight ahead, your weather and in sports dwyane wade gets hit where it counts, in the wallet. this ill-advised attack on this player. here's a look at today's ♪
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any time of year. ♪ nice sweater. thank you. ♪ here's a look at today's forecast in some cities around the country. new york, mostly sunny, 39 degrees. miami, mostly sunny, 77. chaurks occasional snow, 34 degrees. dallas, showers, 47. las angeles, mostly sunny, 63 degrees. time now for a check of the national forecast. heavy winds from a powerful wind and storm is winding down. rain showers will spread from northern arkansas to northern kentucky. light snow is expected in parts of illinois, wisconsin, and minnesota. snow showers are likely in western colorado. in sports the l.a. clippers
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are the best run the nba has seen in years. the clippers blow out the celtics last night, 106-77. they have now won 15 straight games and hold the best record in the league. that's the longest winning streak in the nba since 2008. oklahoma city steals one from dallas. darren collison is an off-balance buzzer to tie the game. and in overtime it's all thunder. oklahoma wins 111-105. miami heat star dwyane wade will miss his team's next game. the nba suspended dwyane wade without pay for one game for kicking ramon sessions in the groin. this happened during wednesday's game. wade will sit out miami's game against detroit tonight. in college football, duke and cincinnati duked it out. cincinnati's player gets open and scores on an 83-yard pass.
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that denies duke their first goal victory. that's more than 50 years. 98 hch-34. and finally even the unusually talkative coach rex ryan seems stunned by this. mark sanchez will be taking the snap. sanchez was benched in favor of mcelroy last week, but it turns out mcelroy sustained a concussion. he hid the symptoms from trainers until thursday. that also means once again tim tebow will once again be on the bench. and when we return, another look at this morning's top stories and dairy dilemma. families could see the milk prices skyrocket if congress doesn't act. . and dairy dilemma. milk prices will skyrocket if people don't react. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card
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and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. hours.. can congress come to a compromise? the fiscal cliff showdown resumes with face-to-face negotiations.. muni celebrates a big milestone.. and they're givg all of us a gift!! and.. putin puts a stop to l u-s adoptions.. why??
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plus meet one family who's gotten stuck in the middle this international dispute. join us for cbs 5 eyewitness news this morning... beginng at 4:30. good morning. it's friday, ,,,, here's look at forecast in some cities around the country. washington, d.c., partly sunny, 42. atlanta, partly sunny, 54. st. louis, cloudy, 38, denver, mostly cloudy, 33, seattle,
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mostly cloudy, 44 degrees. here's another look at this morning's top stories. general norman swargts schwarzkopf died at his home yesterday in tampa, florida. he drove iraqi forces out of kuwait. he died from complications related to pneumonia. he was 78 years old. and president obama meets with congressional leaders this afternoon at the white house to try to cut a deal to avoid the so-called fiscal cliff. in just four days across-the-board spending cuts take effect. if president obama and congress fails to reach an agreement the price of milk could lead sharply. perhaps $6 per gallon. at issue is the farm bill and how much the federal government pays farmers. john blackstone reports. >> who wants milk?
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>> me. >> me. >> me. >> reporter: with four children the rasmussen family in california drinks about five gallons a week on milk. if congress doesn't pass the bill, i would cost him $106. that has dad sean rasmussen worried. >> they have to have their milk. we might have to cut elsewhere. >> reporter: without new legislation government prices revert back to 1939 levels. back then the process was more laborious and farmers needed a higher subsidy to cover their costs. dan sumner says the new price of milk would be far above what it now costs dairy farmers to produce it. >> it really will be chaos. >> reporter: so we would go back to this old farm bill which would force the government to buy milk at an extremely high price. >> that's right. >> reporter: this could be a windfall for dairy farmers. >> well, here's the problem for
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dairy farmers. they don't want chaos in the milk market. it sounds good. gee, everybody will double or triple the price, but who's going to buy it? >> caller: nobody will buy it. >> nobody will buy it. >> reporter: shoppers couldn't understand why congress couldn't solve this problem. >> they all need to be fired. if they want to continue to eat, the bill needs to be passed. that's where we get our food, people. >> reporter: we called the department of agriculture, and they say they have no plan to avoid the scenario. in terms of a price increase, a spokesperson says they have no time for when or if there will happen. john blackstone, cbs news. federal officials are trying to figure out how a jet got stuck in the med. it was bound for tampa when
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it went off the airway and ended up in a grassy area. none of the 134 people on board were injured. coming up after your local news on "cbs this morning," a look back at the pop culture. this is the "cbs morning news." [ elizabeth ] i like to drink orange juice or have lemon in my water... eat tomato sauce on my spaghetti. the acidic levels in some foods can cause acid erosion. o it's quite a lesson learned. my dentist recommended that i use pronamel. because it helps to strengthen the enamel. he recommended that i use it every time i brush. you feel like there is something that you're doing to help safeguard against the acid erosion. and i believe it's doing a good job.
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to help safeguard against the acid erosion.
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,,,,,,,, . it's making a big difference. they're helping people in a smalt town in iowa is making a big difference. they're helping people in developing countries. dean reynolds reports on how the priceless gifts that create are making a big difference. >> reporter: there's a quiet that usually settles over the cornfields of iowa this time of year. but not in leighton, population, 150. here local retires come two to three times a week with a new purpose in their lives. bill used to run one of the town's banks. >> it's unbelievable how much response we've had. it's almost more than we could handle. >> all retires? >> all retires and they all get paid the same. >> reporter: nothing. >> nothing. >> reporter: they get paid
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nothing to create what are called p.e.t.s, short for personal energy transportation, a hand-power iing tricycle designed for the traveling world. >> most would be put away in a closet or bed because it was deemed if you were disabled that you were cursed. it really touched my heart and i thought, you know, there's something we should do about that one. >> reporter: his group is part of an international organization that has shipped the p.e.t.s to more than 85 skuntries. the component parts are packaged here and assembled and transferred to the other side of town. you guys are like the elves. >> a little bit. we've got elves all over the place. this machine allows them to go get water at the river, go to school if it's a child, you know. some use it to make a little bit
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of income. you know, $3 a day to someone in haiti is huge. >> reporter: this 10-year-old lives in haiti and she had been getting around on a broken wheelchair until she received her new p.e.t. and while it's 2,000 miles from haiti to leighton, iowa, he says the tangible amount of his work shortened the distance. >> i feel like we're not doing enough. >> want me to tell you a joke? >> reporter: for these old men, generosity truly is its own reward. dean reynolds, cbs news, leighton, iowa. coming up after your local news on "cbs this morning," an update on washington's fiscal cliff negotiations. we'll hear from republican senator bob corker, plus the damaging economic strikes looming at more than a dozen of our nation's forts. a guy getting fit will sit
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with the best-selling authors of "fit" this year. that's the "cbs morning news" for this friday. thanks for watching. i'm duarte geraldino. have a great day. -- captions by vitac -- www.vitac.com
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>> your realtime captioner: linda marie macdonald hi, everyone. good morning. it's our last friday of 2012! december 28th. i'm frank mallicoat. >> i'm michelle griego. time now is just about 4:30. let's start things off with a look at weather and traffic. i feel like i'm losing my
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voice. >> oh, no. >> i know. >> are you really? >> a little bit. >> you have so many visitors in town. >> i know! >> the entire state of colorado stayed at your house! >> you will have the weekend to rest your voice. in the weather, we are getting a check of our high-def doppler radar. and it's quiet for now. but we are anticipating some big changes by this afternoon. we are watching a low pressure system. it is just off to the coast and it's going to bring light rain for the most part between now and tomorrow morning. so you can see it. it's on approach that high that brought us all that sunshine, blue skies yesterday. it is out of here. it continues to move inland. so temperatures out the door right now very cold. 35 in fairfield, only 34 in livermore and santa rosa. so not quite freezing but close. bring a jacket. san francisco in the mid-40s and 40 degrees out in fremont. this afternoon, warming up to the low to mid-50s again all across the bay area. and a quick check of your seven- day

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